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    Property profile & analytics

    18553 Hwy 377 Cresson, TX 76035-5624

    • Office Properties & Spaces
    • 3,420 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    May 21, 2024
    Location Intelligence
    Property ID
    US83-4233781
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 18553 Hwy 377

    Year built
    2002
    Lot size
    0.50 lot acres
    Property size
    3,420 SF
    Property type
    Office Properties & Spaces
    APN
    14753-000-002-00
    APU
    1475300000200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cresson
    County
    Parker
    State
    Texas
    Longitude
    -97.6008
    Latitude
    32.5765
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,956
    $60,000
    $359,580
    $419,580
    -
    $60,000
    $359,580
    $419,580

    Comparable in this City

    • Value Estimation by Request
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      12450 Cleburne Hwy

      OFFICE (GENERAL) • 1,595 SF
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    • Value Estimation by Request
      13,596 SF

      12060 Cleburne Hwy

      OFFICE (GENERAL) • 13,596 SF
      12060 Cleburne Hwy, Cresson, TX 76035
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      $660,000
      4,096 SF

      12880 Cleburne Hwy

      OFFICE (GENERAL) • 4,096 SF
      12880 Cleburne Hwy, Cresson, TX 76035
      View Details
    • Value Estimation
      $515,000
      6,400 SF

      19200 Hwy 377

      OFFICE (GENERAL) • 6,400 SF
      19200 Hwy 377, Cresson, TX 76035-5602
      View Details
    • Value Estimation
      $415,000
      3,458 SF

      123 Concorde Cir

      OFFICE (GENERAL) • 3,458 SF
      123 Concorde Cir, Cresson, TX 76035-5844
      View Details

    Similar Nearby for Sale

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    18553 Hwy 377
    Cresson, TX 76035-5624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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